Ultrasonix Receives NSERC Synergy Award for Partnership with University of British Columbia

    RICHMOND, BC, October 28, 2009 /24-7PressRelease/ -- Ultrasonix Medical Corporation, a leading developer and manufacturer of high quality diagnostic ultrasound imaging systems, announced today that the company has been awarded the Synergy Award from the Natural Sciences and Engineering Research Council of Canada (NSERC) for its partnership with the University of British Columbia (UBC), an award with past winners that include Eli Lilly, 3M, Kodak and IBM. The award recognizes effective partnerships between universities and industry, and outstanding achievements of university-industry collaboration.

"It is a great achievement to have won the NSERC Synergy Award, and to be recognized among so many strong partnerships that exist in Canada today is an honor. It truly shows our dedication to research and innovation, as well as our commitment to university and student growth. I look forward to continuing the collaborations with UBC and developing new and exciting technologies that will help revolutionize healthcare across Canada and throughout the world", shares Kris Dickie, Research Manager for Ultrasonix.

The strong partnership with UBC began in 2001 when Ultrasonix released their initial research device, and has since developed over the years to include five laboratory and clinical installations of the Ultrasonix ultrasound system within UBC. The company has taken advantage of the excellent research being performed at UBC on the research platforms by licensing cutting-edge technologies that help improve patient care in multiple ultrasound markets. Ultrasonix has also leveraged the knowledge and skills of the students graduating from the UBC laboratories using their systems, with four full-time research and development staff being UBC graduates, as well as multiple co-op opportunities having been provided.

About Ultrasonix: Ultrasonix (www.ultrasonix.com) is a leading developer and manufacturer of high quality diagnostic ultrasound imaging systems. The company's OpenSONIX ultrasound technology provides superior image quality, ease of use and clinical flexibility to adapt to the needs of a variety of specialties. Ultrasonix is a privately held, profitable company headquartered in Richmond, British Columbia with affiliate dealers in 65 countries.

About UBC: The University of British Columbia (www.ubc.ca), established in 1908, educates a student population of 50,000 on major campuses in two cities and holds an international reputation for excellence in advanced research and learning.

About NSERC: NSERC (www.nserc-crsng.gc.ca) aims to make Canada a country of discoverers and innovators for the benefit of all Canadians. The agency supports university students in their advanced studies, promotes and supports discovery research, and fosters innovation by encouraging Canadian companies to participate and invest in postsecondary research projects.

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